Ripple ETFs Gain Regulatory Approval, Driving XRP Prices Higher

Regulatory approval for Ripple’s XRP-linked ETFs in the US has sent ripples through the crypto market. Teucrium and ProShares were granted approvals to launch futures-based ETFs offering leveraged exposure to XRP price movements, though these products don’t hold actual tokens. While major firms await a spot XRP ETF decision from the SEC, Franklin Templeton’s product is delayed until June 17th, but optimism for its approval later in 2025 remains high.